FRP Holdings, Inc. Announces Release Date for Its Fourth Quarter and Year Ended December 31, 2021 Earnings and Details for the Earnings Conference Call
FRP Holdings, Inc. (NASDAQ: FRPH) plans to release its fourth-quarter and year-end earnings results on March 2, 2022. A conference call will follow on March 3, 2022, at 2:00 p.m. EST, accessible via phone and live streaming for analysts and investors. The company is involved in the leasing and management of commercial properties, mining royalty land, and various real estate development activities. Investors are reminded that future statements are subject to risks, including the impact of the Covid-19 pandemic and market conditions.
- None.
- Risks associated with the impact of the Covid-19 pandemic on operations and financial results.
- Inability to find appropriate reinvestment opportunities for sale proceeds.
- Potential volatility in construction activity and demand for properties.
- Concerns over obtaining necessary zoning and entitlements for property development.
- Risks related to financing projects or repaying debt, along with interest rate volatility.
JACKSONVILLE, Fla., Feb. 28, 2022 (GLOBE NEWSWIRE) -- FRP Holdings, Inc. (NASDAQ: FRPH) anticipates issuing its fourth-quarter and year-end earnings results on Wednesday, March 2, 2022. The Company will also host a conference call on Thursday, March 3, 2022 at 2:00 p.m. (EST). Analysts, stockholders and other interested parties may access the teleconference live by calling 1-800-343-1703 (passcode 48524) within the United States. International callers may dial 1-203-518-9895 (passcode 48524). Computer audio live streaming is available via the Internet through this link https://www.connexcastpro.com/webcasts/cc/events/A37vI5.cfm. The same link may be used following the call to access the archived audio once the call is concluded. An audio replay will also be available on the Company’s investor relations page (https://www.frpdev.com/investor-relations/) following the call.
FRP Holdings, Inc. is a holding company engaged in the real estate business, namely (i) leasing and management of commercial properties owned by the Company, (ii) leasing and management of mining royalty land owned by the Company, (iii) real property acquisition, entitlement, development and construction primarily for apartment, retail, warehouse, and office, (iv) leasing and management of a residential apartment building.
Investors are cautioned that any statements in this press release which relate to the future are, by their nature, subject to risks and uncertainties that could cause actual results and events to differ materially from those indicated in such forward-looking statements. These include, but are not limited to: the impact of the Covid-19 Pandemic on our operations and financial results; the possibility that we may be unable to find appropriate reinvestment opportunities for the proceeds from the Sale Transaction; levels of construction activity in the markets served by our mining properties; demand for flexible warehouse/office facilities in the Baltimore-Washington-Northern Virginia area demand for apartments in Washington D.C. and Richmond, Virginia; our ability to obtain zoning and entitlements necessary for property development; the impact of lending and capital market conditions on our liquidity; our ability to finance projects or repay our debt; general real estate investment and development risks; vacancies in our properties; risks associated with developing and managing properties in partnership with others; competition; our ability to renew leases or re-lease spaces as leases expire; illiquidity of real estate investments; bankruptcy or defaults of tenants; the impact of restrictions imposed by our credit facility; the level and volatility of interest rates; environmental liabilities; inflation risks; cybersecurity risks; as well as other risks listed from time to time in our SEC filings; including but not limited to; our annual and quarterly reports. We have no obligation to revise or update any forward-looking statements, other than as imposed by law, as a result of future events or new information. Readers are cautioned not to place undue reliance on such forward-looking statements.
200 W. Forsyth Street, 7th Floor, Jacksonville, FL 32202
| Contact: | John D. Baker III | |
| Chief Financial Officer | 904/858-9100 |
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